That was the News: May 2023
Strong & Herd LLP
Supporting international business! We provide practical training in the areas of export, import and customs procedures.
May has seen the successful conclusion of?separate trade agreements with Australia and New Zealand, marking the first independent negotiations since the UK's departure from the European Union. These agreements have the potential to provide various trade benefits for UK businesses. By facilitating trade in both directions, they create opportunities for UK businesses to expand their market reach. However, understanding the specifics within each agreement is crucial for optimizing their potential benefits for your business.
S&H News:????We are thrilled to announce our participation at the highly anticipated?Multimodal Logistics Event?on June 13 - 15. Our experts can deliver tailor-made solutions if you're seeking guidance on customs compliance, international trade documentation, or supply chain efficiency. Take advantage of this opportunity to engage with our team at this year's Multimodal event. Visit our stand?(no. 4080)?to discover how we can help streamline your logistics operations, mitigate risks and enhance global trade performance.
We look forward to welcoming you and providing the guidance you need to thrive in today's complex international trade landscape.
For all the latest news & updates, check out our?Industry Insights?page and don't forget to follow us on?LinkedIn!?
?
At midnight on May 31st 2023, the two new UK trade agreements will come into force. These are the Free Trade Agreements (FTA) with Australia and New Zealand.
In the world of trade compliance, the exporter is responsible for classifying their goods, technology?and software against the strategic controls to ascertain if a licence is required. Military and Dual Use items require a licence, irrelevant of the destination outside the UK.?
The Guardian Newspaper recently published an article regarding the car manufacturing industry and its issues with the UK-EU Trade and Cooperation Agreement entitled "Why are leading carmakers urging the UK to overhaul Brexit deal?" So, the TCA has made it into the mainstream media, and yet there has been no change within the TCA, but the reality of its rules and regulations and the parameters set within it are now only starting to sink in.
On May 11th, 2023, we had the pleasure of attending the BExA Spring Reception at the Houses of Parliament in London.?
All export declarations are due to move from the Customs Handling of Import and Export Freight (CHIEF) system to the Customs Declaration Service (CDS) by November 30th, 2023.?
?
An overhaul of VAT Notice 703 VAT on Goods Exported from the UK was overdue, primarily because the UK departed from the VAT territory of the EU on January 1st 2021. VAT Notice 702 Imports had already been re-issued and is now not numbered.
领英推荐
New legislation is imminent that will affect businesses exporting products to EU countries.?
Valuing Goods for Customs Purposes - Technical Workshop
All goods need to be valued correctly for customs purposes, whether sales, returns, temporary movements or free of charge. The clear rules laid down in the WTO Valuation Agreement and adopted into UK law will be explained during this practical workshop session, as will the difference between intercompany pricing and customs valuation. It will illustrate how to build a price for import customs purposes and the costs that must be included, and those that can be removed.
13th June -?Book Now
Focus on Food: Import Procedures
Importing food, drink, plant health products, POAO and composite goods into the UK requires an awareness of the phytosanitary and pre-registration requirements. This half-day session will focus on what a trader needs to know to bring goods through customs and port health and meet other government department regulations, e.g., DEFRA. It will also demonstrate the pre-notification process on IPAFFS.
14th June -?Book Now
Focus On: An Essential Guide to Direct Shipping
Also called drop shipping, cross-border deliveries or 3rd country supplies, instructing suppliers to ship directly to your customers without the goods being delivered to you first is becoming more common and requires careful planning.
15th June -?Book Now
Export Essentials: An Introduction to Exporting
??? Face-to-Face Manchester
Following on from the Beginners Guide to Exporting and Importing, this interactive session covers the critical areas of exporting goods. It covers essential details about the Incoterms? rules, export documentation and working with freight forwarders to ensure goods are correctly declared. Ideal for anyone whose job has an export connection, whether in sales, contracts, finance, shipping or for a managerial overview.
21st June -?Book Now
Training - View our Upcoming Courses?Here
Contact us today to develop?your?Learning Pathway:
For In-house training or Learning Pathways tailored to your business, please contact:?[email protected]?
For public training, please contact:?[email protected]